Director/Managing Director, Structured Product Trader

Citizens Bank; Charlotte (NC); Presencial; USD 300.000 - 400.000; Jornada completa

Descripción de la vacante

Citizens Bank seeks a Director/Managing Director Structured Product Trader to lead risk management and market making for ABS, CLOs, and related securitized assets within Citizens Capital Markets & Advisory. You will drive liquidity, price discovery, and balance sheet optimization while guiding a senior trading team.

The role focuses on secondary market trading, primary issue support, and market leadership across the securitized products platform.

Formación

• 10+ years of experience in Structured Products trading or securitized markets.
• Deep expertise in ABS, CLOs, and related securitized assets.
• Proven ability to generate P&L through disciplined risk management and market insight.

Responsabilidades

• Own and actively manage Structured Products trading risk across ABS, CLOs, and related securitized products with disciplined balance sheet deployment.
• Drive revenue through market making, relative value analysis, and tactical risk positioning.
• Provide liquidity solutions and execution support to institutional clients across structured product sectors.
• Partner with Structured Products Sales and Syndicate on new issue pricing, distribution strategy, and aftermarket performance.
• Deliver real-time market color, pricing intelligence, and liquidity insight to Sales, Syndicate, Banking, and Research teams.
• Evaluate and manage inventory levels, capital utilization, and liquidity exposure per risk/return objectives.
• Develop market expertise across ABS, CLOs, and related securitized assets.
• Serve as a senior market resource on trading strategy, market structure, valuation, and execution dynamics.
• Mentor junior traders and foster a high-performance, risk-aware trading culture.
• Maintain strict adherence to regulatory, supervisory, and internal risk management requirements.

Conocimientos

Structured Products Trading

Securitized markets

Pricing & valuation

Risk management

P&L generation

Communication

Descripción del empleo

Description

Citizens Capital Markets & Advisory is seeking a Director/Managing Director Structured Product Trader to join its Structured Products platform. This role is centered on risk management, liquidity provision, price discovery, and balance sheet optimization across Structured Products, including ABS, CLOs, and related securitized assets. The successful candidate will play a critical role in secondary market trading, primary issue execution support, and market leadership across the securitized products platform.

Key Responsibilities

• Own and actively manage Structured Products trading risk across ABS, CLOs, and related securitized products with disciplined balance sheet deployment.


• Drive revenue generation through market making, relative value analysis, and tactical risk positioning.


• Provide liquidity solutions and execution support to institutional clients across a broad range of structured product sectors.


• Partner closely with Structured Products Sales and Syndicate teams on new issue pricing, distribution strategy, investor feedback, and aftermarket performance.


• Deliver real‑time market color, pricing intelligence, and liquidity insight to Sales, Syndicate, Banking, and Research teams.


• Evaluate and manage inventory levels, capital utilization, and liquidity exposure in accordance with risk and return objectives.


• Develop market expertise across a diverse range of structured product sectors, including ABS, CLOs, and related securitized assets.


• Serve as a senior market resource regarding trading strategy, market structure, valuation, and execution dynamics.


• Mentor junior traders and contribute to a high‑performance, risk‑aware trading culture.


• Maintain strict adherence to regulatory, supervisory, and internal risk management requirements.
  

Qualifications

• 10+ years of experience in Structured Products Trading, securitized markets, or a closely related capital markets role.


• Deep expertise in ABS, CLOs, securitized products, market structure, pricing, liquidity, and relative value dynamics.


• Strong understanding of structured finance fundamentals, rating agency methodologies, collateral performance, and credit analysis.


• Proven ability to generate P&L through disciplined risk management and market insight.


• Strong judgment balancing client facilitation, risk management, and firm profitability.


• Excellent communication skills with the ability to articulate market views internally and externally.
  

Hours & Work Schedule

• Hours per Week: 40+


• Work Schedule: Monday to Friday

Pay Transparency

The salary range for this position is $300,000 to $400,000 per year, plus an opportunity to earn an annual discretionary bonus. Actual pay is based on various factorsincluding but not limited to, the budget, the work location, and relevant skills and experience.

We offer competitive pay, comprehensive medical, dental and vision coverage, retirement benefits, maternity/paternity leave, flexible work arrangements, education reimbursement, wellness programs and more. Note, Citizens’ paid time off policy exceeds the mandatory, paid sick or paid time‑away policy of very local and state jurisdiction in the United States. For an overview of our benefits, visit https://jobs.citizensbank.com/benefits.

Some job boards have started using jobseeker‑reported data to estimate salary ranges for roles. If you apply and qualify for this role, a recruiter will discuss accurate pay guidance.

Equal Employment Opportunity

Citizens, its parent, subsidiaries, and related companies (Citizens) provide equal employment and advancement opportunities to all colleagues and applicants for employment without regard to age, ancestry, color, citizenship, physical or mental disability, perceived disability or history or record of a disability, ethnicity, gender, gender identity or expression, genetic information, genetic characteristic, marital or domestic partner status, victim of domestic violence, family status/parenthood, medical condition, military or veteran status, national origin, pregnancy/childbirth/lactation, colleague’s or a dependent’s reproductive health decision making, race, religion, sex, sexual orientation, or any other category protected by federal, state and/or local laws. At Citizens, we are committed to fostering an inclusive culture that enables all colleagues to bring their best selves to work every day and everyone is expected to be treated with respect and professionalism. Employment decisions are based solely on merit, qualifications, performance and capability.